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Marc Racicot, the American Insurance Association's president and chief executive officer, is resigning his position as of February 2009, and will be replaced by AIA Chief Operating Officer Leigh Ann
Agents are encouraged to enter their own IT initiatives for consideration. Insurers, managing general agencies and tech vendors are also welcome to nominate an agency for NU to contact about entering
An Aon Corp. official speaking on behalf of a national brokerage group urged the Treasury Department last week to make use of the yet to be developed insurance component of the Troubled Asset Relief
The Hartford said it estimates that it would be eligible for a capital infusion of between $1.1 billion and $3.4 billion under existing Treasury guidelines. The final amount of capital requested will
Insured losses from three California wildfires already top $104 million and are expected to climb much higher as policyholders and adjusters gain access to the still smoldering region--with one
A federal appeals court last week reinstated a 2004 securities class-action lawsuit against The Hartford, alleging stockholders were misled because the company did not disclose it had paid insurance
The challenging financial climate is an opportunity for insurers to make needed changes to create leaner, more efficient and competitive organizations, according to the president of Lloyd's North
Advisen, a provider of information, analytics, and technology for the commercial insurance industry, released three reports on insured losses attributable to the subprime mortgage market meltdown and
New York--The chairman of Travelers said his company prepared a four-pronged solution to solve coastal insurance problems, and federal lawmakers can dust it off and grab onto it when the inevitable cri
NEW YORK-- Insurance carriers should work to deliver commercial insurance policies in a timely manner and to clarify the fuzzy language that many are filled with, a brokerage executive advised at an in
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